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- LoopNet Team
3137-3139 Rio Linda Blvd
Sacramento, CA 95815
Multifamily Development Site w/ Density Bonus · Land For Sale
·
0.94 AC
INVESTMENT HIGHLIGHTS
- This 0.94-acre lot provides an ideal canvas for a new multifamily development, with included site plans and a design review.
- Located just five minutes from I-80 and within 15 minutes from the Cali Expo, the Haggin Oaks Golf Complex, and Downtown Sacramento.
- Located within a high-demand hub for new unit development, with a large number of residential use properties surrounding the site.
- Planned community includes 35 apartments and 12 ADUs and is eligible for significant density bonuses.
- Supported by a 5-mile population exceeding 360,000, with more than 58% of residents currently renting their homes.
PROPERTY FACTS
DESCRIPTION
The Project is located on two parcels of approximately .94 acres within the multi-unit dwelling (R-2B) zone. The parcels are currently vacant and are accessed through Arcade Blvd. The site is surrounded by residential uses and the Sacramento Northern Bikeway Trail immediately adjacent to the west. The site is served by existing public infrastructure. The Project includes subdividing two parcels into six residential parcels to facilitate the construction of a new 47 multi-unit development, consisting of 35 regular dwelling units and 12 accessory dwelling units.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $167,774 | Total Assessment | $167,774 |
PROPERTY TAXES
